Bharti Airtel in Talks on a Potential Takeover of Telkom Kenya-Sources

Enterprise Network- President John Magufuli and Bharti Airtel Chairman Sunil Mitta

Bharti Airtel is in talks about a potential takeover of Telkom Kenya, the East African nation’s smallest operator, three telecoms industry sources told newsmen on Monday.

London-based Helios Investment, which owns a 60 percent stake in Telkom, was looking to partly cash out of the investment which it entered in 2015, the sources said.

Airtel and Telkom were not available for immediate comment.

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